Online Installment Loans – Get Approved Today with Flexible Monthly Payments
Get guaranteed installment loans up to $5,000 fast online from direct lenders.
An installment loan is a type of personal loan where you borrow a fixed amount and repay it over time through regular monthly payments (installments). These loans typically range from $500 to $5,000 with repayment terms of 3 to 36 months, making them ideal for larger expenses that require more time to pay off than a payday loan. Our lenders consider your income and ability to repay, making installment loans accessible even if you have bad credit or no credit history.
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Installment Loans by Amount
Choose the loan amount that fits your needs. Our lenders offer flexible loan amounts with manageable monthly payment plans to match your budget.
Types of Installment Loans We Offer
Our network of direct lenders provides various types of installment loans designed to meet different borrower needs and financial situations.
Personal Installment Loans
Unsecured loans for any purpose with fixed monthly payments over 3-36 months. No collateral required, making them accessible to more borrowers.
Installment Loans for Bad Credit
Designed specifically for borrowers with poor credit or limited credit history. Lenders focus on your income and employment rather than just your credit score.
Guaranteed Installment Loans for Bad Credit
While no lender can guarantee approval, our network includes lenders with high approval rates who specialize in working with bad credit borrowers using flexible qualification criteria.
No Credit Check Installment Loans
Many lenders perform only soft credit checks that don’t impact your credit score. These loans are ideal if you’re worried about hard inquiries affecting your credit or have very poor credit.
Direct Lender Installment Loans
Borrow directly from the lender without intermediaries, often resulting in faster approvals, better rates, and more straightforward communication throughout your loan term.
Online Installment Loans with Instant Approval
Complete the entire process online with approval decisions within minutes. Perfect for borrowers who need quick access to funds without visiting a physical location.
Monthly Installment Loans
Loans structured with equal monthly payments that include both principal and interest, making it easy to budget and plan for consistent payments each month.
Emergency Installment Loans
Fast-approval installment loans for urgent situations with same-day or next-day funding available for qualifying borrowers.
Tribal Installment Loans
Loans offered by Native American tribal lenders, providing an alternative option in states with limited traditional lending choices.
Quick Online Installment Loans for Bad Credit
Why Choose Full Time 24/7 Financial Help for Installment Loans
Quick Approval & Funding
Receive an instant decision within 15 minutes to 1 hour of submitting your application. If approved, funds are typically deposited within 1-2 business days, with same-day funding available for some lenders.
24/7 Online Access
Our platform is available 24 hours a day via any device. Apply for installment loans online at midnight, on weekends, or during holidays – whenever it’s convenient for you.
Bad Credit Accepted
Good credit is not required. Our network includes lenders who specialize in bad credit installment loans, focusing on your current income, employment stability, and ability to repay rather than just your credit score.
100% Free Service
We don’t charge any application fees or service charges. Our loan matching service is completely free for borrowers – you only pay loan costs directly to your lender.
Flexible Repayment Terms
Choose repayment terms that fit your budget – from 3 months for smaller loans to 36 months for larger amounts. Monthly payment plans make it easier to manage your finances without the stress of a single large payment.
Transparent Loan Terms
Every direct lender clearly discloses all fees, interest rates, APR, monthly payment amounts, total repayment cost, and loan terms before you accept. No hidden fees or surprises.
Safety & Security
We use 256-bit SSL encryption to protect your personal and financial information. Your data is never sold to non-affiliated third parties for marketing purposes.
How to Get an Installment Loan in 3 Simple Steps
Step 1: Complete the Online Application (5 Minutes)
Fill out our secure online form with basic information:
Full name, address, and contact information
Social Security number (for identity verification)
Employment information and monthly income
Bank account details for deposit
Requested loan amount and preferred repayment term
Step 2: Get Matched with Direct Lenders (15-60 Minutes)
Our system instantly matches you with direct lenders who offer installment loans in your state. If approved, you’ll receive detailed loan offers showing:
Loan amount approved
Monthly payment amount
Repayment term (number of months)
Interest rate and APR
Total repayment amount
All fees (origination, late payment, prepayment)
Step 3: Receive Your Funds (1-2 Business Days)
Review and accept your preferred loan offer by electronically signing the agreement. Funds are typically deposited via direct deposit:
Same-day funding: Available from some lenders for applications approved early in the day
Next business day: Standard funding timeframe for most lenders
Within 1-2 business days: Maximum timeframe for nearly all approved loans
Ready to Apply? Get Your Installment Loan Today
Installment Loan Eligibility Requirements
Basic Requirements
Be at least 18 years old (19 in some states, 21 in others)
Be a U.S. citizen or permanent resident
Have a valid government-issued photo ID
Have an active checking account (typically open for at least 90 days)
Have a working phone number and email address
Have verifiable income of at least $1,000-$1,500 per month (varies by lender)
Acceptable Income Sources
Employment wages or salary (W-2 or 1099 income)
Self-employment or business income
Social Security benefits (SSI, SSDI)
Disability payments
Retirement or pension income
Military or veteran benefits
Unemployment benefits (accepted by some lenders)
Workers’ compensation
Installment Loan Costs and Rates
Interest Rates and APR
Installment loan costs vary based on your creditworthiness, income, loan amount, and repayment term:
- Good credit borrowers: 6% – 36% APR
- Fair credit borrowers: 36% – 99% APR
- Poor/bad credit borrowers: 100% – 200% APR
Lower APRs generally apply to larger loan amounts with longer terms, while smaller loans with shorter terms may have higher APRs.
Monthly Payment Structure
Installment loans are repaid through fixed monthly payments over your chosen term:
- Short-term (3-6 months): Higher monthly payments, less total interest
- Medium-term (12-18 months): Balanced monthly payments
- Long-term (24-36 months): Lower monthly payments, more total interest
Representative Loan Examples
Example 1: $1,000 Loan for 12 Months
- Loan amount: $1,000
- APR: 36%
- Monthly payment: $100
- Total repayment: $1,200
- Total interest: $200
Example 2: $3,000 Loan for 24 Months
- Loan amount: $3,000
- APR: 99%
- Monthly payment: $183
- Total repayment: $4,392
- Total interest: $1,392
Your actual loan terms will vary based on your qualifications and the lender’s offer.
Additional Fees
- Origination fee: 1% – 8% of loan amount (may be deducted from loan proceeds)
- Late payment fee: $15 – $50 if payment is missed
- NSF fee: $25 – $35 for insufficient funds
- Prepayment penalty: Some lenders charge for early payoff (always ask)
Alternative Loan Options
Not sure if an installment loan is right for you? We offer several other loan types:
Payday Loans
Short-term loans for small emergencies that require quick repayment by your next paycheck.
Loan Amount: $100 – $1,000
Repayment Term: 14-31 days
APR Range: 200% – 600%
Best For: Small emergencies
Personal Loans
Larger loan amounts with competitive rates for qualified borrowers and longer repayment terms.
Loan Amount: $1,000 – $35,000
Repayment Term: 12-60 months
APR Range: 6% – 36%
Best For: Major purchases or debt consolidation
Title Loans
Use your vehicle’s title as collateral to secure larger loan amounts with potentially lower rates.
Loan Amount: $500 – $10,000
Repayment Term: 30 days – 12 months
Best For: Quick cash with collateral
Tribal Loans
Loans from Native American tribal lenders with flexible terms in states with limited lending options.
Loan Amount: $500 – $2,000
Repayment Term: 3-18 months
Best For: Limited state options
Emergency Loans
Fast funding for urgent situations with same-day approval available 24/7.
Loan Amount: $100 – $5,000
Repayment Term: Varies by lender
Best For: Urgent situations
Allotment Loans
Loans for federal and military employees with convenient automatic paycheck deductions.
Loan Amount: $500 – $10,000
Repayment Term: 6-36 months
Best For: Federal/military employees
Loan Comparison Table
| Loan Type | Amount | Term | APR | Best For |
| Installment | $500-$5,000 | 3-36 months | 6-200% | Larger expenses |
| Payday | $100-$1,000 | 14-31 days | 200-600% | Small emergencies |
| Personal | $1,000-$35,000 | 12-60 months | 6-36% | Major purchases |
| Title | $500-$10,000 | 30d-12mo | Varies | Quick cash |
| Emergency | $100-$5,000 | Varies | Varies | Urgent needs |
| Tribal | $500-$2,000 | 3-18 months | Varies | Limited states |
| Allotment | $500-$10,000 | 6-36 months | Varies | Fed/military |
Frequently Asked Questions
What is an installment loan?
An installment loan is a personal loan where you borrow a lump sum and repay it through fixed monthly payments (installments) over a set period, typically 3 to 36 months. Each payment includes both principal and interest, making it easier to budget compared to payday loans that require full repayment in one lump sum.
How much can I borrow with an installment loan?
Most online installment loans range from $500 to $5,000, though some lenders may offer up to $10,000 for highly qualified borrowers. The amount you qualify for depends on your income, debt-to-income ratio, credit history, and state regulations.
How fast can I get money from an installment loan?
Most borrowers receive approval decisions within 15 minutes to 1 hour. Once approved and you sign the loan agreement, funds are typically deposited within 1-2 business days. Some lenders offer same-day or next-day funding for qualifying applicants.
Can I get an installment loan with bad credit?
Yes! Many lenders in our network specialize in bad credit installment loans. They focus on your current income, employment stability, and ability to repay rather than just your credit score. Even with poor credit, you may qualify – though your APR may be higher than borrowers with good credit.
Will applying for an installment loan hurt my credit score?
Submitting your initial application typically involves only a soft credit check that doesn’t affect your score. However, if you accept a loan offer, most lenders will perform a hard credit inquiry which may temporarily lower your score by a few points. Making on-time monthly payments on your installment loan can actually help improve your credit over time.
What’s the difference between installment loans and payday loans?
Key differences include:
- Repayment: Installment loans = monthly payments; Payday loans = one lump sum
- Loan amounts: Installment loans = $500-$5,000; Payday loans = $100-$1,000
- Terms: Installment loans = 3-36 months; Payday loans = 14-31 days
- APR: Installment loans = 6%-200%; Payday loans = 200%-600%
- Best for: Installment loans = larger expenses; Payday loans = small emergencies
Can I pay off my installment loan early?
Many lenders allow early payoff without penalties, which can save you money on interest. However, some lenders charge prepayment penalties. Always check your loan agreement or ask your lender about their early payoff policy before signing.
What can I use an installment loan for?
There are no restrictions on how you use installment loan funds. Common uses include:
- Debt consolidation (combining multiple debts)
- Major home repairs or improvements
- Medical or dental expenses
- Car repairs or down payment
- Moving expenses
- Furniture or appliance purchases
- Emergency expenses
- Wedding or vacation costs
Are there any fees to use your service?
No. Our loan matching service is 100% free for borrowers. We don’t charge application fees, service fees, or any other charges. You only pay loan costs (interest, fees) directly to your lender if you accept a loan offer.
What happens if I miss a payment?
Missing a payment can result in late fees ($15-$50), potential NSF charges from your bank, damage to your credit score, and collection activities. If you’re having trouble making a payment, contact your lender immediately – many offer hardship programs, payment extensions, or alternative arrangements.